Nihilent Technologies' urged business leaders to make customers life better through 'Design thinking' at TiECON

Image
ANI New Delhi [India)
Last Updated : Apr 24 2017 | 4:28 PM IST

LC Singh, Founder, Vice Chairman and CEO of Nihilent Technologies, a Pune-based global consulting and solutions Integration Company, addressed a large gathering of entrepreneurs, corporate executives, investors and mentors on 'How design thinking makes use of a collaborative approach in solving complex problems; and how 'empathy' lies at the core of the design thinking approach' at the flagship event of 'TiECON, Pune 2017', which took place recently at The Westin Koregaon Park, Pune.

Design thinking is based on a structured framework which includes five stages: Empathise, Define, Ideate, Prototype and Test. This framework aims in contributing to growth and thereby adding value to customers' businesses.

Customer needs are more dynamic and global in nature, notwithstanding the

constant deluge of information it seeks at a click of a button.

Every industry is preparing itself to continuously respond to these changing customer demands. Given this, "Organizations need to continuously understand customer expectations and analyze patterns in customer behavior.

Companies that adapt to these changes by bringing forth products and services that cater to customer demand will lead the market."

Addressing the large gathering of audience, Singh further elaborated, "Business leaders need to first empathize with customers and bring them together during the design phase, gain insights on its customers through series of prototypes to learn, test and refine concepts, Design thinking is helping minimize the risk or failure of potential innovation. Our rich experience at Nihilent has assisted various companies across multiple domains thereby making their customers' life easy."

The Indus Entrepreneurs (TiE) is the world's largest organization promoting entrepreneurship. The event had many well-known speakers, who were the part of the panel which included Nana Patekar (Indian Film actor, philanthropist social cause evangelist), Jaydeep Barman (Co-Founder, Faasos), Sharmila Bhide (Co-founder, CalSoft and Founder, HausKhaas) amongst others.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 24 2017 | 4:28 PM IST

Next Story